MFO-USA Advisory, LLC

MFO-USA Advisory provides investment advisory services to individual and high‑net‑worth clients, offering ongoing portfolio advice, tailored investment policy statements, and assistance in selecting third‑party money managers and managed account solutions through firms such as SEI and Lincoln Life. Representatives also engage in outside activities, including licensed insurance sales and separate business‑consulting services, which are disclosed as distinct from the advisory relationship.

The firm manages client accounts on a primarily non‑discretionary basis and does not accept investment discretion, so clients retain final approval over recommended trades and manager selections. Its investment process uses cyclical and fundamental analysis, modern portfolio theory and quantitative methods, emphasizes long‑term trading, and includes at least quarterly reviews of client accounts.

Noteworthy features for a firm of this size include oversight of about $32 million in non‑discretionary assets while operating with a single managing professional and a small client base, a requirement that portfolio clients use a specific broker‑dealer/custodian, and a practice of not aggregating block trades. The firm also discloses third‑party compensation arrangements (including a solicitor agreement and revenue sharing with third‑party advisers) and potential conflicts arising from outside insurance and business‑consulting activities.